Plant Finance Head – Manufacturing Perfect Placer

The Corporate Institute; Delhi; On-site; INR 4,000,000 - 6,500,000; Full time

Job summary

The Corporate Institute in Delhi is seeking a Plant Finance Head to drive financial operations for a manufacturing facility. You will bridge plant performance and corporate strategy through cost control, forecasting and rigorous accounting practices.

Responsibilities include end-to-end costing, budgeting, MIS reporting and leading tax, treasury and risk management. Strong SAP/ERP expertise and a proven leadership track record are essential.

Qualifications

• Experience in plant accounting, cost accounting, and finance operations.
• Deep grounding in manufacturing, process costing and supply chain economics.
• Strong cross-functional communication to translate complex financials for non-finance teams.
• Experience in Budgeting, Forecasting, MIS and Financial Reporting.
• Hands-on experience in Inventory Accounting, Variance Analysis and Internal Controls.
• Advanced SAP FI/CO and ERP systems expertise.
• Strong analytical, communication and stakeholder-management skills.

Responsibilities

• Direct end-to-end costing, product margin analysis, and variance tracking.
• Monitor CAPEX/OPEX budgets and drive plant-level forecasting; negotiate vendor rates to minimize costs.
• Oversee standard/actual costing, BOM routing, overhead absorption, yield losses and contribution margins.
• Lead annual budgeting and monthly rolling forecasts aligned with operational capacities.
• Oversee GST, taxes, and statutory audits.
• Implement internal controls for inventory valuation and asset safeguarding.
• Evaluate CAPEX/OPEX proposals and monitor expenses.
• Lead plant GL, AP/AR, costing, and payroll with Ind-AS compliance and SAP record-keeping.
• Optimize cash flows, vendor payments, and working capital cycles.
• Manage plant insurance coverage and claims; oversee trust administration.
• Mentor the plant finance team and act as the CFO/HO liaison.

Skills

Cost accounting

Variance analysis

Budgeting

Forecasting

SAP FI/CO

ERP systems

MIS reporting

Financial control

Cash flow management

Leadership

Education

CA with MBA Finance

CMA/ICWA

Tools

SAP FI/CO

ERP systems

Job description

Plant Finance Head:

Responsible for the financial operations, cost accounting, and statutory compliance of a manufacturing facility, acting as the financial bridge between factory performance and corporate strategy. Drive plant profitability, cost optimization, and financial control.

Key Responsibilities:

• Cost Accounting: Direct end-to-end costing, product margin analysis, and variance tracking.
• Budgeting – Cost Optimization: Monitor CAPEX/OPEX budgets and drive plant-level forecasting. Partner with the Commercial team to negotiate vendor/contract rates and minimize operational costs.
• Costing – Profitability: Oversee standard/actual costing, variance analysis, BOM routing, overhead absorption, yield losses, and contribution margins to drive efficiency.
• Budgeting – Forecasting: Lead annual budgeting and monthly rolling forecasts aligned with operational capacities.
• Compliance – Taxation: Oversee GST, local levies, direct/indirect taxes, and statutory audits.
• Inventory – Controls: Implement rigorous internal controls for inventory valuation and asset safeguarding.
• CAPEX/OPEX Management: Evaluate capital expenditure proposals and monitor ongoing operational expenses.
• Financial Management – MIS: Lead plant GL, AP/AR, costing, and payroll. Ensure Ind-AS compliance, month/quarter/year-end book closures, and accurate SAP records with budget variance reporting.
• Treasury – Working Capital: Optimize plant cash flows, vendor payments, bank relationships, and working capital cycles.
• Insurance – Risk: Manage plant insurance coverage to prevent over/under-coverage and lead insurance claim processes.
• Trust Administration: Serve as Trustee for the Exempted PF Trust and manage trust-related financial administration.
• Leadership – Business Partnering: Mentor the plant finance team and serve as the primary finance link between plant leadership and the CFO/HO.

Qualification And Experience:

• CMA/ICWA or CA with MBA Finance with 10 – 15 Years of experience in finance, accounting, and business operations, with a focus on PLANT ACCOUNTING.
• Deep grounding in manufacturing, process costing, and supply chain economics.
• Strong cross-functional communication to translate complex financials for non-finance operational teams.
• Strong experience in Cost Accounting, Budgeting, Forecasting, MIS and Financial Reporting.
• Hands-on experience in Inventory Accounting, Variance Analysis and Internal Controls.
• Advanced command of SAP (FI/CO modules) and ERP systems.
• Strong analytical, communication and stakeholder-management skills.

Contact:

P.G. Ganesh, 8368469496